{"data":{"id":"us-tx/tex.-finance-code-393.602","jurisdiction":"us-tx","citation":"Tex. Finance Code § 393.602","heading":"APPLICABILITY.","body":"(a) This subchapter applies only to a credit services organization that, with respect to a consumer who is located in this state at the time of the transaction, obtains for a consumer or assists a consumer in obtaining an extension of consumer credit in the form of:\n(1) a deferred presentment transaction; or\n(2) a motor vehicle title loan.\n(b) A credit access business may assess fees for its services as agreed to between the parties. A credit access business fee may be calculated daily, biweekly, monthly, or on another periodic basis. A credit access business is permitted to charge amounts allowed by other laws, as applicable. A fee may not be charged unless it is disclosed.\n(c) A person may not use a device, subterfuge, or pretense to evade the application of this subchapter. A lawful transaction governed under another statute, including Title 1, Business \u0026 Commerce Code, does not violate this subsection and may not be considered a device, subterfuge, or pretense to evade the application of this subchapter.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594), Sec. 2, eff. January 1, 2012.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 82, eff. September 1, 2019.","path":["FINANCE CODE","TITLE 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES","CHAPTER 393. CREDIT SERVICES ORGANIZATIONS","SUBCHAPTER G. LICENSING AND REGULATION OF CERTAIN CREDIT SERVICES ORGANIZATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.393.htm#393.602","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"d03d905e0b8ad2aaf10de73421d4e9f1f3d5c3be4c165bc00692b564430208c0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-393.601","next":"us-tx/tex.-finance-code-393.603"},"notice":"GroundRules: Original legal text. Not legal advice."}